W.R. Berkley (WRB) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - W.R. Berkley reported $3.64 billion in revenue for Q2 2025, a year-over-year increase of 7.9% and exceeding the Zacks Consensus Estimate of $3.57 billion by 1.83% [1] - The company's EPS for the same period was $1.05, slightly up from $1.04 a year ago, and also surpassed the consensus estimate of $1.03 by 1.94% [1] Financial Performance Metrics - The total expense ratio was reported at 28.5%, slightly above the average estimate of 28.4% [4] - The total loss ratio was 63.1%, matching the average estimate [4] - The combined ratio was 91.6%, slightly higher than the average estimate of 91.4% [4] - Net investment income reached $379.3 million, exceeding the average estimate of $358.42 million, representing a year-over-year increase of 1.9% [4] - Revenues from non-insurance businesses were $128.84 million, slightly below the average estimate of $131.58 million, but still reflecting a year-over-year increase of 2.5% [4] - Net premiums earned totaled $3.1 billion, surpassing the average estimate of $3.07 billion, with a year-over-year change of 8.9% [4] - Insurance service fees were reported at $32.76 million, exceeding the average estimate of $28.05 million, marking an 18.7% year-over-year increase [4] - Net premiums earned in the reinsurance and monoline excess segment were $369.4 million, below the average estimate of $384.7 million, with a year-over-year change of 2.1% [4] - Net premiums earned in the insurance segment reached $2.73 billion, exceeding the average estimate of $2.67 billion, reflecting a 9.8% year-over-year increase [4] - Net realized gains on investment sales were reported at $30.53 million, significantly better than the estimated loss of $39.15 million, representing a -150.6% change year-over-year [4] - Other income was reported at $0.75 million, above the average estimate of $0.66 million, with a year-over-year increase of 7.6% [4] Stock Performance - W.R. Berkley shares have returned -6.8% over the past month, contrasting with the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]